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A Forex Lot is the amount of currency you buy or sell. Say for example you wish to buy 100,000 USD, 100,000 is basically your trade size.
Forex Lot is basically representation of Trade Size in a different format. A Standard Lot would represent 100,000 of any currency, whereas a Mini Lot represents 10,000 and a [...]

In Forex market a trader can open account based on different leverage. There are three types of accounts:
1. Standard
2. Mini
3. Micro

The table below summarized all the key differences:
As you can see form the table that the lower leverage accounts usually requires more money to open an account. So if you are new to trading and [...]

The term Margin Call comes from Stock Market. It is essentially a phone call from the Stock broker asking you to put more funds in your account to sustain the open position losses. At this stage trader is required to put more money in the account usually with in 24hrs or else the [...]

Leverage simply means the % amount of money you are allowed to borrow from the broker when you open a position. Typically in Stock market when you buy 100 shares of a company trading at $10 per share, you are required $1000 to open the trade. Some stock brokers would let you borrow money from [...]

Price Interest point (Pip) is the term used in Forex market to represent the smallest price increment in a currency. It is often referred to as ticks or points in the market.  The easiest way to understand Forex Pip is to look at that last number from the right in a currency.
If EUR/USD moved from [...]